CRCL
MEDIUM Impact
CRCL
Circle Internet Group Issues Additional ARC Tokens in Presale
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8-K
Summary
On June 29 and 30, 2026, Circle Internet Group, Inc. completed the second closing of its ARC token presale, issuing an additional 67.5 million ARC tokens to institutional investors at $0.30 per token, raising approximately $20.25 million in gross proceeds. The tokens are subject to lock-up restrictions until the Arc network transitions to a Proof-of-Stake consensus mechanism, with additional restrictions extending up to four years post-transition.
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